In modification of this Department’s O.M. of even No. dated 03.04.2018 the rate of DA payable to the executives of CPSEs (1997 pay revision) is as follows:

a) Date from which payable: 01.07.2018

b) Average AICPI (1960=100) for the quarter Mar. ‘2018 May’ 2018

March, 2018 6552

April, 2018 6572

May, 2018 6596

Average of the quarter 6573

c) Link Point : 1708 (as on 01.01.1997)

d) Increase over link point: 4865 (6573-1708)

e) Revised DA Rate w.e.f. 01.07.2018: 284.8% [(4865 / 1708) x 100]

2. These rates are applicable in the case of IDA employees, whose pay have been revised with effect from 01.01.1997 as per DPE O.M. dated 25.06.1999.

3. All Administrative Ministries/Departments of the Government of India are requested to bring the foregoings to the notice of the CPSEs under their administrative control for necessary action at their end.